Despite West Bengal’s geographical, vicinity to Bay of Bengal, vast swathe of arable land, mineral reserves, high quality human capital, a strategic access to multiple states, labor pool, and a rich history of commercial vigour and entrepreneurship of trading community, the image of West Bengal had degenerated into a business-unfriendly state over the past decades under 50 years of communist rule, said Motilal Oswal in a report dated 5 May.
